Median price for residential apartments in Northport, AL as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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215 Northport, AL, USA apartments for sale
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Northport
According to statistics, the population in Northport, AL amounts to 24,708, which shows decline 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $55,969, shifting growth 7% from the past year, and the average property value in Northport, AL growth 1% to $164,100 throughout the year.
| Population | 24,708 |
| Median Age | 34.5 |
| Poverty Rate | 13% |
| Household Income | $55,969 |
| Number Of Employees | 11,957 |
| Median Property Value | $164,100 |
Household Income
The average household income in Northport, AL grew from $52,281 to $55,969 in the past year. This data is an estimate based upon 9,466 households in Northport, AL . The chart below presents how household income is distributed in Northport, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Northport, AL shifted from $162,400 to $164,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Northport, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Northport, AL properties falls in the '$150,000 to $174,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Northport, AL compared to median property taxes around the country. The prevalent amount of property taxes in Northport, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Northport, AL, USA
Average apartment sale in Northport: $238,838 (+6.4%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $269,300 | +9.2% |
| 2-bed apartments | $106,566 | -4.6% |
| 3-bed apartments | $227,356 | +12.5% |
| 4+ bed apartments | $323,669 | +6% |
During Jan 2023, the average price for an apartment in/near Northport, AL increased by 6.4% to $238,838.
Knowing the current property prices is key if you plan to buy a studio in Northport, AL. The average price for a studio has increased since the last month, currently being $269,300. Asking price for 2-bed apartment also decreased by 4.6% and a place of this size will now cost you $106,566. A 3-bed apartment goes for $227,356, it increased by 12.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 6% and made it up to $323,669.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Townhouses for sale | $310,000 | +0% |
| Lofts for sale | $250,000 | +0% |
| Land for sale | $115,966 | +8.8% |
| Houses for sale | $263,018 | +4.7% |
| Apartments for sale | $219,500 | +75.6% |
The average cost of an apartment in Northport, AL rised by 75.6% to $219,500. Price reports demonstrate that house price increased by 4.7% this month making it up to $263,018. The price statistics of lofts have not significantly changed, it now still goes for $250,000. Value of the townhouses didn’t change, the price still starts at $310,000. The average price of the land for sale in Northport, AL has increased by 8.8%, and now equals $115,966.
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